Gold Investing News » Gold as a deflationary hedge

Gold as a deflationary hedge

February 28, 2009 @ 4:04 am In Gold Market News

Why did gold touch $1,000 an ounce this month if we have declining prices? Wasn't gold a classic inflation hedge?

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[1] here: http://www.fool.com/investing/international/2009/02/27/why-gold-is-an-excellent-deflationary-hedge.aspx